Sixth person charged over $100 million money laundering syndicate linked to security business


A sixth person has been charged in connection with a money laundering syndicate that allegedly used a south west Sydney security business as a front to launder $100 million over three to four years.

Assure Protection Services in Guildford was raided by the NSW Criminal Groups Squad in July last year, after alleged money laundering offences were uncovered.

Cash seized during raids on Assure Protection Services.

Cash seized during raids on Assure Protection Services.Credit:NSW Police

Police then alleged the security firm was a semi-legitimate business, offering services to retail, industrial and commercial industries, however its primary function was to “act as a front” for the money laundering operation.

Four men and a woman have already been charged in connection with the business. All five people remain before the courts.